Etihad Cargo advances cool chain solutions with PharmaLife and FreshForward
Etihad Cargo has continued to expand its capabilities in the global cool chain logistics sector, ...
FDX: DOWNGRADEZIM: BEST PERFORMER WTC: INVESTOR DAY AAPL: LEGAL RISKTSLA: UPGRADEXOM: DIVESTMENT TALKAMZN: HOT PROPERTYGM: ASSET SALEHLAG: PROTECTING PROFITSVW: STRIKINGPLD: FAIR VALUE RISKSTLA: CEO OUTDHL: BOLT-ON DEALMAERSK: NEW ORDERGXO: POLISH DEAL EXTENSIONDSV: TRIMMING
FDX: DOWNGRADEZIM: BEST PERFORMER WTC: INVESTOR DAY AAPL: LEGAL RISKTSLA: UPGRADEXOM: DIVESTMENT TALKAMZN: HOT PROPERTYGM: ASSET SALEHLAG: PROTECTING PROFITSVW: STRIKINGPLD: FAIR VALUE RISKSTLA: CEO OUTDHL: BOLT-ON DEALMAERSK: NEW ORDERGXO: POLISH DEAL EXTENSIONDSV: TRIMMING
Ch-aviation reports:
Etihad Airways (EY, Abu Dhabi International) aims to incrementally increase its fleet to around 150 aircraft within five years, up from around 80 now, CEO Antonoaldo Neves told Reuters at an event in the United Arab Emirates this week. While existing aircraft orders will supply much of that increase, Neves said Etihad may need to place an additional small order.
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Meanwhile, Abu Dhabi sovereign wealth fund ADQ is pushing on with its bid to take Etihad public by the end of the year. ADQ hopes to raise as much as USD1 billion from the IPO and is keen to tap into strong demand from local and international investors for stakes in Gulf-based state-owned entities and a fast turnaround in Etihad’s financial fortunes…
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